New User:

-or-
Username:
Password:
Forgot your password?

Stock Market & Financial Investment News

News Breaks
February 7, 2014
05:31 EDTGPS, LB, COSTMany retailers feel January's cold, WSJ reports
Winter storms in January affected many retailers nationwide in a month when many stores look to clear out inventory after the holiday shopping season, reports the Wall Street Journal. Some companies, like Gap (GPS), L Brands (LB) and Costco (COST), were able to overcome that trend.Reference Link
News For GPS;LB;COST From The Last 14 Days
Check below for free stories on GPS;LB;COST the last two weeks.
Sign up for a free trial to see the rest of the stories you've been missing.
1 | 2 | all recent news | >>
April 17, 2014
07:27 EDTGPSGap outlook has improved, says Wells Fargo
Subscribe for More Information
06:34 EDTGPSGap shares recommended on pullback at Mizuho
Subscribe for More Information
April 16, 2014
13:12 EDTGPSGap to expand in store reserve service
Gap announced that later this year, the company will be testing its new order in store capability, which allows customers access to expanded product offerings online. Further, the company is announcing the expansion of its reserve in store service to all Gap stores in the United States by the end of Q2, enabling online and mobile shoppers to reserve items at more than 1,000 Gap and Banana Republic store locations.
13:06 EDTGPSGap sees China sales $1B within three years
Subscribe for More Information
April 15, 2014
09:25 EDTGPSGap to host investor meeting with a conference call hook-up
Subscribe for More Information
April 14, 2014
10:54 EDTLBL Brands management to meet with Sterne Agee
Subscribe for More Information
April 11, 2014
13:36 EDTGPSGap falls after experiencing sharp decline in March SSS
Subscribe for More Information
12:42 EDTGPSOn The Fly: Analyst Downgrade Summary
Subscribe for More Information
09:39 EDTGPSGap declines after March same store sales
The stock is down over 4.4% to $37.54 following last night's report of a 6% drop in March same store sales. At current price, next support is at $37.25 and then at $36.79. Resistance is at $38.67.
09:13 EDTGPSOn The Fly: Pre-market Movers
UP AFTER EARNINGS: Fastenal (FAST), up 3%... Wells Fargo (WFC), up 0.2%. ALSO HIGHER: H&R Block (HRB), up 5% after announcing a deal for BofI (BOFI) to acquire H&R Block's bank assets. Bofi up 9.4% after the deal announcement... Zynga (ZNGA), up 1.7% after naming new CFO, shares upgraded to Equal Weight at Morgan Stanley... SINA (SINA), up 2% after announcing up to $500M share repurchase program. DOWN AFTER EARNINGS: JPMorgan (JPM), down 3.7%... NQ Mobile (NQ), down 14.6%. ALSO LOWER: Gap (GPS), down 4% after reporting March SSS fell 6%, shares downgraded at Janney Capital... Voxeljet (VJET), down 16% after 3M share secondary offering priced at $15.00... Datawatch (DWCH), down 29% after cutting its second quarter revenue outlook.
07:49 EDTCOSTCostco earnings can accelerate 'dramatically,' says Janney Capital
Janney Capital says Costco's price investments continue to drive share and build loyalty and have helped its traffic remain robust. The firm expects strong traffic to continue and for gas and forex headwinds to subside, which could lead to Costco's earnings accelerating "dramatically" in 2014. Janney keeps a Buy rating on Costco shares.
06:38 EDTGPSGap downgraded to Neutral from Buy at Janney Capital
Subscribe for More Information
06:29 EDTGPSGap downgraded to Neutral from Buy at Janney Capital
Subscribe for More Information
April 10, 2014
19:00 EDTGPSOn The Fly: After Hours Movers
NOTABLE: According to a Bloomberg report that cited sources, Kathleen Sebelius, U.S. Secretary of Health and Human Services, is set to resign tomorrow. A New York Times report added that President Obama is expected to nominate Sylvia Mathews Burwell, Director of the Office of Management and Budget, as Sebelius' replacement. HIGHER: Shares of BofI Holding (BOFI) and H&R Block (HRB) both advanced after announcing a deal for BofI to acquire H&R Block's bank assets. BofI, which saw shares gain 9% after hours, said it expects ongoing annual revenue from the deal of $26M-$28M beginning with its fiscal 2015. H&R Block, which gained 7%, said it expects the deal to be 7c-9c dilutive to earnings per share beginning in its fiscal 2015, and the company said it sees the deal resulting in $200M-$250M of immediate excess capital. LOWER: Gap (GPS), down 2.6% after reporting March same-store sales that fell 6% and saying that it expects first quarter gross margins to decline more when compared to the prior year period than they did in the preceding quarter... NQ Mobile (NQ), down 8.8% after reporting earnings that missed expectations on revenue that topped estimates and saying that it identified an accounting overstatement related to share-based compensation for the three and nine months ended September 30... Datawatch (DWCH), down 25% after cutting its second quarter revenue outlook... TTM Technologies (TTMI), down 3.9% after cutting its first quarter earnings outlook and saying it expects first quarter revenue to come in at the low end of its previous guidance range.
16:02 EDTGPSGap reaffirms FY14 EPS view $2.90-$2.95, consensus $2.96
As the company noted last month, the Easter holiday is in April this year versus March last year. Given this shift in peak spring selling weeks, the company expected March to be negatively impacted. The company expects gross margins for Q1 to be below the prior year by more than the year-over-year decline in Q4. In addition, given ongoing expense management, the company expects Q1 operating expenses to be flat to last year.
16:01 EDTGPSGap reports March SSS down 6%
Subscribe for More Information
09:48 EDTCOSTCostco sees 1.5%-2% effect on April comps from 1 less shopping day
This April to include 27 selling days, compared to 28 days in same period last year. Costco says average transaction flat year-over-year in March, including forex impact. Comments from March sales results call.
07:02 EDTLBL Brands reports March sales up 3% to $923.7M, March SSS down 1%
L Brands reported net sales increased 3% to $923.7M for the five weeks ended April 5, vs. $894.8M for the five weeks ended April 6, 2013. The company reported SSS for the five weeks ended April 5, 2014 decreased 1%, in line with expectations, as the later Easter timing this year negatively impacted March SSS sales by 25-3% points.
05:47 EDTCOSTCostco reports March total company SSS up 5%
Reports March revenue up 8% to $10.43B vs. $9.67B last year. Reports March total company SSS, excluding negative impacts from gasoline price deflation and foreign exchange, up 7%.
April 9, 2014
09:20 EDTCOSTBofA/Merrill's retail analysts hold an analyst/industry conference call
Subscribe for More Information
1 | 2 | all recent news | >>

Sign up for a free trial to see the rest of the stories you've been missing.

I agree to the theflyonthewall.com disclaimer & terms of use